Providing for the elderly is related to the happiness of the people's lives and the high-quality development of the population. The State Administration for Financial Supervision and Administration recently issued the "Five Major Articles on Doing a Good Job in Finance in the Banking and Insurance Industry", proposing that in the next five years, the third pillar of pension insurance will develop in a standardized manner, with more diverse pension financial products, and continuous increase in financial support for the banking economy, health, and pension industry, to better meet the needs of pension finance. With the deepening of China's aging population and the increasing diversification of people's elderly care needs, optimizing financial services to provide high-quality elderly care services for society has become an important mission of financial services to serve the real economy and ensure people's livelihoods. For a period of time, as an important part of the "Five Major Articles", a series of important central conferences and documents, including the Central Financial Work Conference and the Government Work Report, have repeatedly focused on "pension finance", providing fundamental guidance for the better and more optimal development of pension finance under the goal of becoming a financial powerhouse. In fact, China's pension finance has been orderly laid out since the reform and opening up. With the successive issuance of documents such as the "Opinions on Promoting the Development of Personal Pension" and the "Implementation Measures for Personal Pension", as well as the joint efforts of various sectors of society, China has formed a broad, multi-level, and rich supply system of pension finance in the three major fields of pension finance, which mainly focus on pension finance, pension service finance, and pension industry finance, supported by the "three pillar" pension system, supported by a multi-level pension finance product system covering the entire life cycle of individuals, and guided by the government to participate in the construction of the pension industry ecosystem as the driving force for sustainable development. Objectively speaking, there is still much room for optimization in China's pension finance system, which is in its early stages, in line with the mission of becoming a financial powerhouse and the requirements of an aging population trend. For example, the "three pillar" pension system is not yet perfect and its coverage is still not extensive; The operation of enterprise annuity is relatively complex, and the development of different regions and enterprises is uneven; The supply of pension financial products is insufficient, and the service model is still relatively single; The finance of the elderly care industry lacks a unified top-level plan, and the level of improvement and development quality of elderly care infrastructure and service systems vary in different regions; wait. In this regard, efforts should be made to optimize the financial structure of pension funds, focus on innovation of pension financial products, and strengthen the overall planning of the pension industry. Multiple measures should be taken to enhance the core service capabilities of pension finance. In optimizing the financial structure of pension funds, efforts should be made to improve the "three pillars" pension system. Based on health insurance services, further promote the full coverage of basic pension insurance from the system to the legal population. On the basis of improving the social insurance system for flexible employment personnel, optimizing rules, and standardizing the development of enterprise annuity and occupational annuity. In terms of financial and tax regulation, it is necessary to enhance the differences in tax regulation for different income groups and age groups; We also need to accelerate the research and implementation of differentiated financial and tax incentive policies tailored to local conditions, continuously expand policy incentives, and promote the popularization and implementation of the personal pension system. Continuously innovate and enrich pension financial products and services. Considering the differences in demand for pension financial products among different regions and groups, we will continuously enrich various product lines such as FOF and equity, as well as financial products with different maturities and risk levels, and establish a standardized and collaborative fund collection system among financial institutions. Promote the development of investment advisory services for elderly care finance, and meet the diversified needs of elderly care and financial management. Improve the reform of the capital market trading mechanism, encourage and guide long-term capital such as pension funds, enterprise annuities, and insurance funds to participate in financial market trading activities. While innovating and developing, more precise measures should also be taken to solidify the foundation of pension security. On the one hand, it is necessary to strengthen investor education, improve residents' financial knowledge level, and enhance risk awareness; On the other hand, we need to strengthen the requirements for the professional capabilities of pension financial investment institutions, and strengthen their responsibility for information disclosure and risk management. At the same time, it is necessary to strengthen overall planning as the core, and promote the coordinated development of the elderly care "cause" and "industry". Continuously coordinate the physical spatial layout of industries, select areas with good natural environment and low development level around large cities (or urban belts) with a population exceeding a certain scale, accelerate the construction of elderly care industrial belts connecting large cities and small and medium-sized cities in the industrial belt, and focus on improving the guarantee capacity of public service resources such as medical and elderly care. Further optimize the structure of the elderly care service industry, guided by the actual needs of the elderly, fully leverage the linkage between policy guidance and market-oriented mechanisms, accelerate the construction of a new type of elderly care service system that coordinates home, community, and social institutions, and combines medical and health care. (Lai Xin She)